Dissolution
This query is : Resolved
23 January 2009
Please suggest me,
what is the basic difference between piece meal distrubtion and going concern dissolution
what is the basic difference between piece meal distrubtion and going concern dissolution
25 January 2009
Piecemeal Dissolution : The firm is dissolved but creditors are paid by sale of assets one by one.
Going Concern Dissolution : Auditor qualifies in the report that firm/company intends to sale the assets thereby violating principles of Going Concern.
Going Concern Dissolution : Auditor qualifies in the report that firm/company intends to sale the assets thereby violating principles of Going Concern.
25 January 2009
tahnks for the info.
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